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Peru: Selected Issues Paper

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  • International Monetary Fund

Abstract

The purpose of the study is to examine Peru’s effective interest spread through accounting decompositions, financial ratio analysis, and spread regressions. The government’s financial restructuring programs accelerated the banking sector consolidation process. Robustness of Peru’s credit system and interest rate decomposition has also been viewed. Three key financial ratios—return on equity (RoE), return on assets (RoA), and net interest margin (NIM)—focused by financial statements, have also been studied. Finally, the framework of Espino and Carrera used for the estimation of interest rate spreads has also been discussed.

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  • International Monetary Fund, 2013. "Peru: Selected Issues Paper," IMF Staff Country Reports 2013/046, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/046
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    References listed on IDEAS

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    7. International Monetary Fund & World Bank, 2004. "Financial Sector Assessment Program Update : Republic of Kazakhstan - Bank Profitability and Competition," World Bank Publications - Reports 16064, The World Bank Group.
    8. Philip Brock & Helmut Franken M., 2003. "Measuring the Determinants of Average and Marginal Bank Interest Rate Spreads in Chile, 1994-2001," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 6(3), pages 45-65, December.
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